2012-09-25
2012-10-03
x new york

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Today 17
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CNN 71
CNNW 69
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CSPAN 21
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English 626

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was inaugurated in january, i had gone through pretty intense re-election and talked to technology and business world and i had a mission, because out of that campaign and out of listening and be part of tech crunch and thank you for all being here. we have a great conference for the city. i announced a 17-point plan that included making sure that we stayed on top of being the innovation capital of the world. what does that mean? it means that we take advantage of the companies that are here, the technology companies that are here, to help us improve our city. to help us find solutions to old problems. to create an innovative spirit in the public-private sector. >> are these some of the points? because you are going to talk about the 17 points? >> oh, yes. >> is that five of them or is that a preamble to the 17? >> it's a preamble, to create the spirit of the city and why we're doing it because here are the facts. 32,000 jobs created by 1600 companies with an annual almost 30% growth for our city >> just in tech? >> just in tech. when you recognize that for the city and what it means,

. and introduce to you a man who is certainly no stranger to bringing clean technology to san francisco and electric vehicles, are mayor, ed lee. [applause] >> thank you, bob. >> you for your leadership. good morning, everyone. we are going to be talking about something that i have been very interested in, and that is mobility. the ability to have technology work for you, like this microphone. we have worked hard for a number of years. i had the privilege of working with gavin newsom in the past to during his administration to create the electric vehicle infrastructure for the city and began the conversation and the collaboration with the other counties to bring an electric vehicle corridor. it signals our efforts to support the creation of infrastructure to the electric vehicle industry. of course we have encouraged the private automobile creators to join us. today is a wonderful opportunity to do that with a bmw. any of you who noticed the labels in this city, you will certainly noticed the popularity of bmw as a corporation, not only a great company but one that is also on the cuttin

. >>> coming up, rapid results? orasure technology a leader in diagnostic tech products. cramer is getting instant answers on this new opportunity in biotech when he talks to the company's ceo next. >>> and rising in the east, the headlines hit, the market rallies, but which u.s. stocks are actually worth owning in china? >>> plus answering the call. telco cloud play 8 by 8 gave us a ring and cramer is all ears when the company's ceo gets in the hot seat, all coming up on "mad money." >> don't miss a second of "mad money." follow @jimcramer on twitter. have a question, tweet cramer, hash tag mad tweets. send jim an e-mail at "mad money" @cnbc.com. or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. >>> we are always looking for new opportunities here on "mad money." that's why i wanted to introduce you to one of the most intriguing, speculative stories around. it's called orasure technologies. it's a tiny health care outfit that's described by market capital. company makes products for collecting saliva samples and tes tests for diseases like hepatitis c, and hi

seems technology in almost every other realm has dramatically advanced, but i still go to the doctor and i still have a doctor fill out -- or i have to fill out a form before i go in and the doctor comes with a clipboard. where are we in present terms with medicine? >> well, we are still kind of practicing medicine the way it has been the last hundred years siloed by departments and body parts andologies and number two pencils and forms and starting to enter a new era where a lot of the fast-moving technologies that you touched on, sen at the time i can biology robotics, big date i are converting giving us a chance to change. take photos, share news and purchase things, have all dramatically historied and it's about to emerge in this respite diss rupp tiff age of new health care, a lot of challenges from the regulatory and reimbursement side and old barriers, exciting new potential to start shifting fast-moving technologies and health care. >> gavin: why haven't we scaled in you go to other technologies aroun

the country's business environment. he says, japanese firms with high technologies can contribute to the economy. the president expressed his intention to provide maximum support stressing that vietnam is politically stable. officials at atpan chthe japan of commerce say firms in china may switch to vietnam. responding to recent anti-japan demonstrations in china. >>> company executives will launch the new models in japan by march 2013. sharp has commercialized the world's first super high definition lcd panels. they consume 20% of the power compared to previous models. the firm may supply the panels to taiwan's precision industry. sharp is in talks with the taiwanese electronics firm about capital tie-up. sharp aims to turn to the black by showing a net profit in the business year through march 2014. the firm's main creditors, are to offer loans up to a combined total of $2.5 billion. that will raise the bank support to $4.5 billion. >>> now, not exactly a household name. some might find that surprising given his most notable accomplishment. he was working for a research agency u

and testimony in -- this new technology in place, and we have a major position of leadership, but that's not an excuse. this is an excuse that congress has not provided one in the policy, or, two, the funding. both are many place, and now what we need is moving forward, and, again, making certain that the hardware, the software, the systems, and the equipment, and all of the above, as they -- are they -- as they are developed that they are also deployed in an expeditious fashion. another point i want to make here, too, and i will do everything i can to keep faa out of the development of the technology itself. faa should not be developing this technology or step in the way of its development. this, we've seen time and time again that the private sector does a better job. we've got to keep the private sector in the forefront with somebody making the decisions and meeting the milestones, and, again, the blueprint that's been set out by law so we will hold this hearing, additional hearing, and hold faa's feet to the fire, the safety of the flying public, the future of aviation relies on th

of charter schools. and promoted advance in technology improve k-12 education. education secretary arne duncan also expected to give closing remarks during the day. this is live coverage on c-span2. we expected to get underway shortly. [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> once again, we are live at the brookings institution here in the nation's capital as the hamilton project is hosting a discussion on new approaches to improving america's education system. it is expected to last until about 1:00. it will include education secretary arne duncan who will give closing remarks. it is expected to start in just a moment here live on c-span2. [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> again, waiting for the start of this panel discussion on innovation and reform in k-12 education with remarks expected from education secretary arne duncan at the close. while we wait for this to get start

ones didn't the statute referred to the technology of the time as communications that were wired in communications over radio, the satellite technology. the problem is in 1978 we see a dramatic change in technology of communications and in particular fiber-optic cables all over the world which is actually very much changed the routing indications that change the requirement, the court order requirements they face when they try to get into electronic surveillance in the result of that is that leading up to 9/11 there are many instances where the government would have to go to the fisa court to get an order from the fisa court for the could electronically surveilled or wiretap someone overseas and that was not the intent of fisa. the intelligence surveillance act the amendment act, the fisa amendments act of 2008, what it did was to set government is trying to surveilled someone overseas and they have reasonable basis to believe that person is overseas and not in the night they think don't have to go to the court to give special commission -- permission to use that surveillance. th

's what. the consumer report for educational technology health insurancing the energy around the world develop better tool for teachers. i think the panelists got it right in terms what we're trying to do. a few points that we're thinking about first the issue about power. who controls it? the person who controls the platform will have a enormous platform. we need to be careful. we are going to be careful about conflict of interest. we're not going to allow anyone to make investments in educational technology companies. consumer reports have a great online of the interest rules. they don't take free samples, for example. we're going to have the circles in place to make sure that we're not biasing the test result and the rutlez. when you do that the swhoal system falls apart. that's something we're talking about. the second thing we brought up is about equity. it's an important issue when you're thinking about technology in the classroom, the issue around the digital dwoid. one thing we're happy with is the ability to pick up what we call energy treatment effects. that's the worry one t

of trouble out there as far as the crocodile world is concerned. we think this type of technology will have an application. >> it could be a few months of the end of the females are pregnant, this unique attempt at reptilian reproduction doesn't end in tears of a different variety. >> to the wars in iraq and afghanistan have dramatically increased the number of troops or about suffering from post- traumatic stress disorder. here in the u.s., 300,000 troops are estimated to be affected. the military is planning millions to help veterans cut when they return home. we visited the u.s. military technology lab in washington state and since this report. >> the human hamster ball and aren't any big. it is virtual reality technology on trial by the u.s. military to help treat veterans for posttraumatic stress. in this case, recreating a foot patrol in iraq or sitting at the wheel of an armored car when a roadside bomb goes off. they are a frequent cause of trauma, recreating what happens in the way it happens, reliving events as realistically as possible, one way of getting over a traumatic event.

are in negotiations to get us into our fleet so we can utilize. unless we do it with the latest technology, people will not appreciate the mayor driving a bmw. [laughter] but we are doing it for the right reasons. i want to showcase that as we lead this country into a thought process, a challenge that our major cities, our urban settings can have solutions to our parking problems, have sustainable mobility as part of our alternatives in the vehicles and car-sharing as a principle for us to join our automobile makers as well as our vehicle owners and rentals as we challenge the public to say there are better choices coming forward with our partners in the industry. thank you, bmw. i know that ian and his team are here to announce this thing but i wanted to thank our environmental divisions, our car enthusiasts, our technology. we are the innovation capital of the world. clearly there is a major role for our manufacturers to use that technology to figure out and provide solutions to our parking challenges, to the affordability and everybody to participate so that they can use all of the different mo

on the technology or improve lives and we partner with them and go back to do what we do well, after we make made this litt machine we realized even though water is the number one health issue on the planet, 50 percent of all chronic human disease would go away if you gave people clean water and realized all of our partners the healthcare industry don't come close, all combined don't come close to the global reach. i don't think of coca-cola as the world's largest beverage company which of course they are, i think of them as this incredible global efficient, effective distribution network that can get everywhere, every remote village, everywhere, and we -- >> rose: it has a brand identity so people know. >> will trust them. so we went to the coca-cola company and said we have a piece of technology, we want to take it out of the framework of being a science fair project and give it to the opportunity to take on the goliath problem of the 21st century, bad water, we call the project slingshot because slingshot was the little piece of technology that was given to david and as the kid i remember the

% of the time. consumer staples did win the trade today. over the last 20 years, technology has been the best performing s&p sector in the fourth quarter, up more than 7% on average. that makes sense since qe 4 is about that important holiday season. energy and utilities are the two most underperforming sectors in q4 over the past 20 years. so with the recent run-up in the market, are there still opportunities in the strong performing tech and consumer discretionary groups? one of our cnbc masters found tech trading at deep discounts in relation to historical averages. take a look at this. ebay's p/e average 50% its historical average below. intel, 47% below its historical average p/e ratio. 94% below its historical average. that's the best performer of the group followed by ad agency interpublic with a p/e ratio 62% its historical average. there could be room to run in some of these names. we'll have to wait and see until all of this plays out to come. maria, back to you. >> all right, court, thank you so much. we'll be watching that. courtney reagan. stick around. we have a lot more headed

] the volkswagen jetta. available with advanced keyless technology. control everything from your pocket, purse, or wherever. that's the power of german engineering. ♪ that dirt old egg-suckin' dog ♪ >> a former navy seal is slamming the president for his response to the deadly attack on the consulate in libya. he wants him to know they are not bumps in the road. ryan zinc says the murders are a global catastrophe. a federally funded green energy failure hybrid car receiving a disastrous review from consumer reports. it is plagued with flaws which explains why this one burst into flames last month in california. the reason a recalled battery. >>> recently the obama administration made public release of prisoners from guantanamo bay. time served at gitmo is becoming a badge of honor and for many it has been a training ground for waging more terror against america. katherine herridge is in washington with more. >> heather and patti ann about 1 in 3 detainees return to the battlefield if they are released. many have senior positions within al qaeda or one of the affiliates. >> the libyan ident

to education. as the world becomes more technological, 20 years from now, what is america when you didn't educate people to understand the technology we are relying upon. if you go to ghettos, i survived and escaped the ghetto, moved my whole family out. people in the ghetto have no clue of where we are going techno logically. and stem is the future. that's what we need to get 7-year-olds geared upon. we need to get them excited about stem. that's sustainability, as well. a different type of sustainability. it is educating people to walk in the world where they can contribute and participate in this global community year 2040. >> princess prosecute ameerah al-taweel the common thread is education that they couldn't have had before but there is no job at the end of the line for them. this creates resentment and frustration. so much so you have seen a lot of leaders being toppled and i'm sure there will be more to come. what is it that leader and countries need to adopt to stop this horrible cycle of a youth that feel disenfranchise and not able to feel their potential. >> economic develo

. telecommunications fell 0.8%. technology dropped 0.7% and materials fell 0.6% of a percent. for the week all three indices lost ground. the dow fell 1.1% this week. the nasdaq shed 2%. the s&p 500 lost 1.3%. nine of the ten major stock sectors also were also up for the quarter. the quarterly winners included the energy sector up 9.5% even as oil prices have cooled in recent wks. the consumer discretionary sector was up 7.1% for the quarter. and tech stocks did nicely up 7%. one of the quarter's bright spots was apple. today, c.e.o. tim cook did something rare for apple. he apologized for problems with a product. apple's new maps service has received a lot of criticism and cook admitted the company fell short. shares were down with the broad market. apple dropped 2.1%. volume was heavier than usual. but the stock had a blistering rally this quarter up 17%. shares hit an all-time high earlier this month. one of the companies locked in battle with apple is research in motion. and thanks to better than expected quarterly results last night, shares were very active today. more than 139 million shares t

: in terms of water supply, wastewater, stormwater development -- these are independent technologies. but what came first, most often, was a water supply system. the basic system is essentially the same as we used back in the 19th century. and in some cases, some of the same pipes. grusheski: philadelphia was the first american city to develop a water system and to take on as a municipal responsibility water delivery to all of its citizens. when william penn laid out the city, he actually chose a spot of land that had a lot of groundwater. however, by 1730, 30,000 people lived within the first seven blocks of philadelphia, next to the delaware river. well, 30,000 people caused filth in the city and polluted their water sources. the groundwater was not potable. and in one year, 1/6 of the population died of yellow fever. now, they didn't know at the time that yellow fever was carried by mosquitoes. but the health issue was major in that first movement to build a water system. narrator: so they set out to find the cleanest source of water. although the majority of philadelphia's water

is america. when we are boeing to understand the technology that we are going to be relying upon. >> if you go to ghettos, i survived and escaped it shlg. moved my family out. people in the ghetto have no clue of where we are going. that is what we need to get them excited on. we need to get them excited about stem. educating people to caulk into the world and contribute and participate. the common thread throughout the middle east and america is a lot of young people who have had education in middle eastern countries, and there is no job at the end of the line for them and this creates huge resentment and frustration you have seen a lot of leaders being toppled. what do leaders and countries need to adopt to stop this cycle now youth who feel not able to fulfill their potential? >> economic development. when you have young people with amazing ideas. you don't have the system to actually deal with this huge issue add to that the governments that have fallen, the new structures and these issues at the same time, it is not going to be easy. and we are taking action. it is more about having la

board. 1.74 billion on the nasdaq. the energy sector powered today's selling, dow0.9%. technology and financial sectors continued lower, down 0.8% and 0.7% respectively. as market excitement has died down over the latest federal reserve effort to stimulate the economy, oil prices have cooled off. oil fell below $90 per barrel for the first time since early august. in the latest week, the amount of foreign oil imported into the u.s. was down to its lowest level since december. and refineries cut back, fueling concerns about weaker demand. big energy stocks exxon and chevrobo fell about 0.5%. they both traded at multi-year highs just last week. the worries about global energy demand have hit the energy service providers. halliburton was down 2.4% today, and its off more than 9% in less than two weeks. discouraging comments from electronics contractor jabil circuit weighed on the tech sector. late yesterday, the company reported disappointing results, blamed on weak demand in most of its businesses. shares fell 9.9%; volume jumped more than five times as the stock closed at its lowes

as a nation, and as you've heard before, as an element of u.s. technological leadership nationwide, so we take it very seriously. we appreciate the support that congress has shown for nextgen. we are starting to see, and it's easier on the inside sometimes to see the progress that is being made and operationally deployed usable parts of this that are making a meaningful difference. in terms of completing flights in bad weather, new capacity, greater safety, and it's those benefits will start to compound as well. >> thanks to the panel for being here today. this has been helpful for me. and mr. chairman, i yield back. >> thank you. >> thank you, mr. chair. first i like to thank the panel, several of y'all have been -- i appreciate your courtesy and service to her country. one issue, everything federal express as a leader in all things in aviation, package delivery, and sports in every other way. having made a comment, word from our sponsor, but -- [laughter] let me ask, i think probably mr. porcari might be the person to ask. the proposal about structures around airports, and, of course, memphi

this is a cool technology, but the reality is there is privacy concerns as well. >> reporter: you are correct. good morning, jon. very cool technology that once perfected will allow you to sit as a passenger in the vehicle of a car and while you don't have anyone behind the wheel. of course, i have my trusted friend here. instead, you will have your computers and sensors and gps guiding you to the final destination safely is the idea. at 1:00 this afternoon, governor jerry brown will sign into law that will allow google to test self-driven cars on the road as long as someone is in the driver's seat or someone to overri override. the dmv will govern the rules and regulations. google has been testing these cars in california for years logging 300,000 miles without an accident, according to the company. the company has needed special permission from local authorities to do so. that is no longer the case when this law takes effect. you mentioned privacy concerns. in the future, autonomous cars will share data to avoid collision on the road. talking about gps and sensor information. there is langu

actually make the impact and turn our technology in to a reality that could help a billion people. >> you are in 200 countries. >> 206. as noble as the cause of providing clean drinking water is, think of what we are doing as much broader and bigger. think of the units we will place in these rural villages, towns as kiosks, small kiosks that will actually house this machine and will have even small refrigerators that can keep vaccines, essential medicines in that town, a tv screen that will be operated by solar sustainable power where people can converge and watch news and charge their phones where they didn't have a place to charge their phones and these units will be connected on broad band. it is actually i think one of the most exciting golden triangles in action of business, government, civil society working together. >> how did you come up with this idea, dean? what led you to this? >> actually i didn't start out to make potable or drinking water for the developing world. i have been working for decades now producing dialysis equipment. one of the items to make that technology, that

a power dependent society. >> we are a complete technology age and you know, aside from basics that you would have hoped you can count on like light and heat and things like the garage door opening and things like that, it's just completely unpredictable. >> on a power grid that has its ups and downs. >> every time it rains, i cross my fingers and think it's going to be another catastrophe with no power and light. >> case in point, the storm of june that knocked out power to more than 1 million customers and caused headaches all over the metro area. while the weather looks quiet this week, a contract battle has been brewing between pepco and his union electrical workers over health, welfare, and other benefits. this is pepco's last best and final contract offer. union leaders are urging members to vote no on this ballot wednesday. a pepco spokeswoman says if the workers walk out, customers will not notice any changes in service or repairs. and if there is a storm, the utility will have contractors on stand by. the union's leader says that plan won't work. >> we are the people that k

and cost overruns and i understand i have been told over the years that when it comes to august technology, that everything is obsolete the day they take it out of the box and i know there's always additional bells and whistles that people want. but i will ask all of you, do you feel that we are doing everything that could eat on? are there any additional things that could be done to see that we don't have additional cost overruns before this is fully implemented in 2028 or whenever. >> mr. porcari. >> thank you, mr. duncan. it is a fair question we take very seriously in the sense that we have looked at the lessons learned and if you take eram is one example of would've been structured differently. in hindsight we would've brought in our workforce to help us develop it and that was, in my opinion, a large part of the problem. we if anything would have greater interactions from the beginning with industry and users and we have a very collaborative effort that mr. huerta has described to you. it is picked some of the early procedural implementation parts of it, where we determine what and w

into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. this is your body there. you can see a little more pressure in the shoulders and in the hips.... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep number's going to provide it for you. and during our sleep number innovation event, you can save up to $600 on our most innovative bed sets. but hurry! this event ends soon. you'll only find the innovative sleep number bed at one of our 400 stores, where queen mattresses start at just $699. retailers seem fairly upbeat about he upcoming hooiday shopping eason. that's

of the stockpile through the use of state-of-the-art technology research while maintaining a moratorium on nuclear testing. the administrator commented on the anniversary the past weekend. he said in april, 2009, president obama shared his vision of a world without nuclear weapons. as we work towards the goal we had the world's leading scientific authority, the fastest computers, and the brightest minds. working to ensure that we would never again have to perform nuclear explosive testing in the united states. the effort that tom describes entails a number of programs and tools that work together to maintain a safe, secure and effective nuclear stockpile in the absence of underground nuclear testing. they include the stockpile stewardship program run by the national nuclear security administration, which maintains the continued safety security and reliability of the nation's nuclear in the absence of the nuclear explosive testing. the key goal of the ssp is the understanding if of a nuclear device perform as well as the agent behavior of the weapons material and components to ensure safe and effec

. >>> there is debate over how affective his crime-fighting technology is even with the lack of evidence the city still glinted oakland police of $350,000 to expand the shot spotter system. as it stands the monitoring system covers about half the city. the police want to expand that to include parts of north oakland so it includes a 70%. oakland police believe this technology will hopes of more crimes. just an hour before the safety meeting a pregnant woman sitting in the car was hit by flying glass. the class was from the shooting that hit two cars and three homes. by expanding their reach they are hoping they can cut down on incidents like these. >>> it's our belief that if we can track it weaken predicted and if we predict it we can prevent it. >>> shops daughter was first used in 2006. evidence that helps fight crimes is mostly anecdotal at arrest and convictions are hard to come by. the system is only as good as this community support. when it encouraged neighbors recalled by 11 of the hear shots in their neighborhood. >>> i think the weekend is one to be something else. a lot folks along the coas

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, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ so it can feel like you're using nothing at all. but neosporin® eczema essentials™ is different. its multi-action formula restores visibly healthier skin in 3 days. neosporin® eczema essentials™. >>> early voting has already begun. many will be making up their minds before the end of october. doesn't give much time for a so-called october surprise, which could knock president obama out of range of a win. as it was said to have done for president carter during the iran hostage crisis. this week republican congressman peter king, chairman of the homeland security committee, called for the resignation of u.n. ambassador susan rice because of her handling of the u.s. consulate attack in benghazi. u.s. intelligence is saying there is evidence that the attack was initially planned. initially, the administration had maintained they believed the attacks in libya were spontaneous reaction to the offensive video that rocked the middle east and beyond. could the direct s

] introducing a stunning work of technology. introducing the entirely new lexus es. and the first-ever es hybrid. this is the pursuit of perfection. >>> it's getting worse for the dow here. the industrial average now at this hour down 83 points as we head toward the close. just in the last few minutes, we've seen the declines amid the protests that are escalating in spain. based on where we are headed, it would be the dow's third straight lower day. courtney reagan is in the middle of it there at the new york stock exchange. what are you hearing? >> it all started so well earlier today, bill. we had that better than expected home price index. the best consumer confident rating we've seen in seven months. if you look at that chart, it's obvious what we're seeing in spain. definite definitely taking the wind out of the sails. we saw crude oil slipping. that's what happened to equity. also, comments out of philadelphia, confusing the markets a little bit about qe-3, what will happen, what the aim is with with those interest rates in the long run. like you said, we're coming off those lows, but we l

build technology that lets users share what they want to share and that's tremendously exciting. >> julia will join us with more of that conversation coming up at 7:30. and we'll find out why craig barrett is not a facebook fan. and in sports news, yes, europe has retained the ryder cup. staging a comeback after the u.s. began sunday with a big lead. europe has won five of the last six matches. this was a heartbreak for anyone watching this. we'll talk more about that a little later this half hour. but first before we get to all of that, andrew has this morn g morning's other top stories. >> we have global data this morning and not all of it that great. eurozone manufacturing reporting its worsts quarterly performance since the depths of the great recession. factories were hit by falling nand. survey suggests that the downturn began in smaller periphery countries has now taken root in core members including germany and france. speaking of europe, an expert group will present its findings to the eu commission, that's coming tomorrow. the proposal could recommend european banks s

the technology to shrink a nuclear weapon to fit on a long range missile. >>> in southern california firefighters found a body in a home destroyed by the wildfire. officials say the elderly man ignored evacuation orders. >>> two staff sergeants are going to be court martialed for urinating on the bodies of taliban fighters last year. three other marines received administrative punishment last month. >>> hospitals around the country are being given a warning not to try to cheat the government through the use of computerized records technology. the justice department and health and human services are focusing on what's called upcoding or raising the severity of a patient's condition to get more money. >>> and it is peak viewing time for a beautiful sight, the northern lights. these spectacular photographs were taken over the past couple of days in yellow knife, canada. doesn't get much better than that. >>> now here's an early look at how wall street will kick off the day. the dow closed at 13,558 after falling 20 points yesterday. the s&p was down three. the nasdaq lost 19. >>> taking a look at ov

: china has developed its economy by installing technologies from other countries. among them, japan has been a crucial partner in advancing the chinese economy. if japanese companies suspend investments in the country, china could fail to diversify its technologies. >> reporter: both japan and china recognize the importance of boosting economic ties. in may, the two countries and south korea agreed to begin talks on a trilateral free trade deal by the end of the year, but this process may slow down. >> translator: there is no system in place to manage and control problems between japan and china. a free trade agreement is one significant tool that could provide a legal framework to solve the issues. but now negotiations could be affected by the latest dispute. progress could be delayed by six months, maybe up to a year at least. >> reporter: japan and china now jointly account for about 20% of the world's total economic output. they are expected to play a bigger role in the global economy. >> translator: now the u.s. economic engine is too weak to recover from the financial crisis. euro

paints have color that sits on the surface. but nothing beats benjamin moore's color lock technology that locks color right in, no matter how often you wash it. color lock technology. exclusively from your benjamin moore retailer. win a design consultation with me, candice olson, at benjaminmooresweeps.com. >> welcome back. albert einstein's brain is now an act that you can download. the chicago medical museum is now funding 350 slides from albert einstein's brain. >> 6:57 a.m.. funding for a new jail in the san mateo area is set to be. this is the story that everyone in your school and office will be talking about. gary will be the referee in this fight.

tracking technology and some tempting bait, abc's brian ross brings us this "nightline" investigates. >> reporter: this is the tsa security screening checkpoint at terminal b of the airport in orlando, florida. a place where this $600 ipad, belonging to abc news, was left behind, on purpose, and then disappeared. abc news tape shows it was last seen at the airport in the hands of this tsa officer, andy ramirez. and then, several hours later, we were able to track our i pad using its find me app also it moved away from the airport. step by step, until it stopped at an address 30 miles away, the home of the same tsa officer, last seen with our ipad. two weeks later, we showed up to get it back from tsa officer ramirez. brian ross from abc news. give me a hand here. we're looking for a missing ipad. >> missing ipad? >> reporter: yeah. and the tracking device shows it is located right here at this address. >> okay. >> reporter: is it here? >> no, sir. >> reporter: but as you will see, that would turn out to be not true. >> it's horrible that you would have individuals engaged in this act

at the same time. and the technology. >>> then, oh, deer, what happened to this skateboarder? he rolled straight into four-legged trouble. ♪ [ male announcer ] 20,000 btus produce a delicate sear. double-oven range makes dinner and dessert -- at the same time. turbo-charged advantium oven cooks more than twice as fast, in this culinary powerhouse. dan. yes? molÉ sauce. [ male announcer ] with ge's most advanced cooking technology, the cafÉ line takes food further. ♪ [ humming ] [ male announcer ] kraft macaroni & cheese. you know you love it. [ female announcer ] new roc® retinol correxion max. the power of roc® retinol is intensified with a serum. it's proven to be 4x better at smoothing lines and deep wrinkles than professional treatments. roc® max for maximum results. i had[ designer ]eeling enough of just covering up my moderate to severe and deep wrinkles than professional treatments. plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not cle

, san francisco. >> this really is the hot view of the innovation, technology, creativity. so we really wanted to be here. >> reporter: the style of the combination of h&m and american apparel with an affordable price point. a must-stop for the fashion forward in union square. who doesn't like to spend longer than five minutes in a store, it is just easy. >> i do it very quickly. it works for me and i like it. >> uniqlo opens officially on friday morning at 10:00 a.m., expecting to offer deep discounts on some of the more high-profile items. they are also unveiling a new high tough -- high-tech feature inside the store enhancing the shopping experience. live in san francisco, elizabeth cook, cbs5. >>> the city of oakland and the coliseum are both apologizing for a loud late-night rave. tens of thousands of people are attending the event on saturday night that lasted well into sunday. they will apologize for any discomfort caused by the noise. >>> another bay area sports venue will be facing the demolition. the city says they will plan to tear down the candle stick parks. the 49ers neede

-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. who emailed it to emily, who sent it to cindy, who wondered why her soup wasn't quite the same. the recipe's not the recipe... ohhh. [ female announcer ] ...without swanson. the broth cooks trust most when making soup. mmmm! [ female announcer ] the secret is swanson. >>> welcome back to "first look." i'm lynn berry. it's time now for a little sports. the seemingly evenly matched chicago bears and dallas cowboys faced off under the monday night lights except the cowboys' offense was no match for chicago's defense. dallas quarterback tony romo threw five interceptions. two were returned for touchdowns. first in the second quarter on a pass intended for dez bryant, look at him go. that's picked by charles tillman and returned for six. and again in the third, just after dallas forced a chicago fumble. romo gives the ball right back to lance briggs who returns it 74 yards for the touchdown. bears won it 34-18. >>> on to baseball. the yankees crushed the red sox 10-2 last night. four yank

into its bottom line. >>> technology shares came under pressure over lingering worries apple supplies of the new iphone 5 won't be able to keep up with the demand. shares fell for the second day in a row. >>> the conference boards highest consumer confidence reading in seven months was overshadowed by global stimulus worries. likewise, gains sparked by a steady rise in home prices were eventually wiped out by the end of the day. >>> staples lost ground tuesday after revealing it will close dozens of stores and reduce its north american retail space by 15%. >>> investors appeared to be encouraged by a presentation from blackberry maker research in motion tuesday. rim's stock climbed 5%. >>> finally california governor jerry brown rode to google headquarters in a self-driving toyota prius wednesday before signing legislation paving the way for the company's driverless cars in california. the new law allows for testing of vehicles on public roadways so long as properly licensed drivers are behind the wheel which when you think about it is a little ironic. still pretty cool. >>> coming up

vulnerabilities into the enterprises we find them unacceptable. from the policy and technology perspective, we do need a mix of market levers. most of the companies in the government, because they are responsible for the essential services and citizens' safety are trying to convert to the kaput control into the system, control back into the system and many of the countries are talking about regulation, a lot of regulation. well, in many ways if we want to have adoption of the policy and we are going to encourage the adoption of a policy and we want to have that behavior change, we need to talk about changes also in providing an incentive and i am going to give you an example. we have a policy in the united states that talks about to we want to have energy diversity and efficiency and limit the emissions put into the environment. and that policy is in complemented by a series of subsidies and or tax relief and or credit, however you want to think about it, to encourage that policy. we, as citizens, get paid or get a tax credit for write-off of driving the fuel efficient and electric car, right? yo

believes the this technology can help people who cannot drive. >> there are many people who are underserved by transportation today. people who are blind, some people with other disabilities, people who are too young or people who are too old, people are too intoxicated, there are many reasons why today people are underserved by transportation. >> google want to have these cars available to the public within five years. >>pam: state parks are also getting a boost from new laws signed by the governor. the new laws will keep the park is open and ensure greater oversight. this comes that in the wake of a scandal in which officials hit a $54 billion while parks were slated to close due to budget issues. >> the parents of a teenager who was killed along with a state assemblyman and celebrated as a of a new law aimed at cracking down on under age 43. a new law which takes effect next year requires chaperones 25 or older to make sure that there are no minors caught drinking. >> california voters will get their say on whether or not to overturn capital punishment. a new poll sho

. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> whatever you think about his tax return, he's given substantial money to charity. he might want to talk about that today. >> that was bill clinton slyly reminding the country about mitt romney's tax returns. about 30 minutes before romney took the stage at the clinton global initiative in new york city. mitt romney did not talk about his tax returns at the clinton event today, but hilalary clintn did when she spoke there yesterday. >> one of the issues that i have been preaching about around the world is collecting taxes in an equitable manner. especially from the elites in every country. you know, i'm out of american politics, but it is a fact that around the world the elites of every country are making money. there are rich people everywhere. and yet they do not contribute to the growth of their own countries. >> she is so good. at

-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> typhoon jelawat continues to roar in the far east. more than 50 people have been hurt. hundreds of thousands of homes without power on japan's islands of okinawa. the storm is comparable to a category 3 hurricane. we have report this morning of two opposition leaders killed in venezuela. the pair was stopped in a western state saturday. when they exited their vehicle, gunmen opened fire. opposition party candidates will face prison hugo chavez in elections one week from today. >>> protesters battled with riot police in spain saturday night. the austerity measures were imposed to help spain secure loans and reduce debt. unemployment in the nation is close to 25%. >>> today iraq, a series of bombings has left at least 16 people dead. thmajority of the blasts occurring in and around the city of baghdad. five explosions there and a car bombing at a check point that killed three iraqi po

to launch in the first quarter of the year. colin gill sis with us, senior technology analyst at bgc financial, he joins us from that firmment dow agree, results not as bad as feared? >> absolutely. its company lives to fight another day. when you look at the results, there were several glimmers of positive notes you could take away including an increase in the cash position and an increase in the total number of describers. >> i want to ask you about the cash position here because it has been building pretty steadily over the past four quarters and we'll look at that now from 1.5 billion about a year ago to over 2 billion dollars in this last quarter. but when you lead with your cash position as opposed to your business, how strong is the underlying business? >> you know, that is one of the concerns for investors. would the company be burning through its cash and they have not done that they've been able to grow that balance. what that does is it gives a level of comfort to all the stakeholders. customers to their partners, that this company is going to be here, you know, for the fo

] fedex office. now save 50% on banners. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> the last western detainee to be held at cuba guantanamo bay is back in his native homeland of canada. he pleaded guilty two years [ giggling ] [ laughing ] [ laughing ] [ laughing ] [ laughing ] ♪ . .. you guys take a min

: and how technology is making it possible for doctors to go paperless. >> tom: that and more tonight on "n.b.r."! >> susie: the first day of the new quarter, kicks off with a blue chip rally. investors were encouraged by a report showing that american factories were busy in september. a popular index of national factory activity rose to 51.5 last month, from 49.6 in august. it was the fastest pace of production since may. but that upbeat news was overshadowed by comments from federal reserve chief ben bernanke, saying the economy is not growing fast enough to bring down the unemployment rate. we'll have more on that in a moment. those two events led to volatile trading here on wall street. the dow rose about 78 points, but was up as much as 155 points earlier. the nasdaq drifted in and out of positive and negative territory, finally losing more than 2.5 points, and the s&p rose almost four points. and, as suzanne pratt reports there are conflicting views on the state of american manufacturing. >> reporter: from cardboard boxmakers, to icemakers, to uniform manufacturers, factories across t

your fans as a result of their technological paralysis. >> would you have a better. you have to prove! >> you are basically a menonite. >> yes, i am a mennonite. >> is it dangerous to listen to sam cook and dance? >> just like kelly mcgillis. >> oh, yes. the optics for google is surpassing them in 2010. since last october it hasn't gone away. >> what about ten years? we put it up yesterday. that's optics right there. >> the ten-year looks like dead money and then it shows money from the dead money. but it has not gone anywhere. it can't go past -- you still cash coming in enormously fr. >> the closed model you had was okay, but i'm similaring here dealing with microsoft. i have to deal with them. apple, they will solve that problem. once in the organization and another plays defense. it is not the bears' defense. it is more the jets. you know what they are? they are on the punt pass. the season is over. >> two games left. >> there's a pup blast, a physically unable to perform list and microsoft is on the pup list. hewlett-packard is on there, dallas i.r. is there. >> are they career-e

to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trade

the no-how and technology. that's a red line for him. it's a difference of opinion. the prime minister is looking for the president to inch up on that line. i think the president made it clear he's not going to tolerate iran with a nuclear weapon. he dubt want to give iran wiggle room. doesn't want to show iran how far it has to go. >> you talk about setting a red line. you're talking about a potential strike or something militarily. that clearly raises a whole different set of discussions. the president also talked about the violent protests in arab countries over what he described at the crude and disgusting antimuslim video. what was the message he was trying to send to countries trying to move forward after the arab spring revolutions? >> he was trying to do a couple of things. on one hand, trying to say this violence is not the answer. clearly, the united states does not believe in this video. doesn't espouse the values and doesn't decry the prophet muhammad. he's saying, listen, if you want to live in a democrac free speech is part of that. that is one of the values he says the u

about modern technology, no way to constrain communication and see, if you will, preached to the gathered assembly there. the language seems very free, he has not advanced toward china which has the strength technology and communication and certainly not in the name of freedom. >> that's true, and the other thing, the biggest this trend is when people across the world realize that america has strength and will be there to protect our diplomats and protect their embassies. they see they can push us around and all that will do is blame it on what they are blaming it on, i think that's just encourages them to do more of these actions lou: cover romney in new york today give a very good speech before the clinton initiative, but it was one that, frankly, was somewhat discordant because it was not relevant to the foreign policy issues being discussed by the leader of the free world and the commander in chief. what is your reaction? >> i think that mitt romney is in a position to win this presidential race. i think it is very important that he stop acting like a candidate and sta

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